Market Snapshot:
Metagenomics is the study of a collection of genetic material (genomes) from a mixed community of organisms. Metagenomics usually refers to the study of microbial communities. Metagenomics analysis platforms are gaining increased popularity in order to conduct metagenomics sequencing. Companies are experimenting with different algorithms for matching the closest genome to the novel coronavirus. They are conducting phylogenetic research to accelerate processes in the genomics community. Also, Stay up-to-date with latest research insights on "
Metagenomics Sequencing Share & Growth Analysis".
Highlights from Metagenomics Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | North America |
Unit | Value (USD Million) |
CAGR | 16.5% |
The key Players profiled in the report are Agilent Technologies, Inc. (United States), Thermo Fisher Scientific, Inc. (United States), Siemens AG (Germany), Abbott Laboratories (United States), Enterome SA (France), F. Hoffmann-La Roche Ltd. (Switzerland), Illumina, Inc. (United States), Oxford Nanopore Technologies Ltd. (United Kingdom), Pacific Biosciences of California, Inc. (United States) and PerkinElmer, Inc. (United States). Additionally, other players that are part of this comprehensive study are Qiagen N.V. (Netherlands), Swift Biosciences, Inc., Beckman Coulter,, LI-COR,, Genomatix GmbH,, Beijing Genomics Institute, and and Pieriandx..
Geographic Breakdown and Segment Analysis
The Global Metagenomics market presents a comprehensive analysis of the Metagenomics market by product type (Instrument & software and Consumable), by end-user/application (Infectious Disease Diagnosis, Environmental Remediation, Gut Microbe Characterization, Biotechnology, Biofuel and Agriculture), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Metagenomics industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Metagenomics market
Analyst at AMA have segmented the market study of Global Metagenomics market by Type, Application and Region.
Influencing Trend:
Availability of Cloud Computing for Data Management
Market Growth Drivers:
Significant Applications of Metagenomics in Various Fields, Initiatives and Funding From Government & Private Bodies for Large-Scale Sequencing Projects and Declining Cost of Sequencing
Challenges:
Storage of Sequencing Data and Dearth of Skilled Professionals
Restraints:
End-User Budget Constraints in Developing Countries
Opportunities:
Scientists Have Joined Forces With Metagenomics Companies in Order to Provide Tools and Information That Help if Tackling the Novel Coronavirus
Market Developments Activities:
On 2nd March 2021, Agilent Technologies Inc. announced that it has entered into a binding agreement to buy Resolution Bioscience Inc., a pioneer in the creation and marketing of precision oncology products based on next-generation sequencing (NGS). Agilent's strengths in NGS-based cancer diagnostics are complemented and expanded by the acquisition, which also gives the company access to cutting-edge technology to better meet the demands of the rapidly expanding precision medicine sector.
On 31st March 2022, A leading provider of point-of-care and at-home diagnostic testing and sample collection technologies, OraSure Technologies, Inc., announced that its subsidiary, Diversigen, has introduced a new service for the metatranscriptomic sequencing and analysis of gut microbiome samples.
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Metagenomics Facility Centre, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries